Betagro PCL (BKK:BTG) ROCE % : 2.95% (As of Mar. 2024)

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What is Betagro PCL ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Betagro PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 2.95%.

Betagro PCL ROCE % Historical Data

The historical data trend for Betagro PCL's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Betagro PCL ROCE % Chart

Betagro PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

5.82

10.82

5.31

29.99

-0.60

Betagro PCL Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial									7.47	-2.17	-6.12	-1.92	2.95

Betagro PCL ROCE % Calculation

Betagro PCL's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-233.859	/	( ( (65234.201 - 25635.559)	+	(62500.981 - 24494.453) )	/ 2 )
	=	-233.859	/	( (39598.642	+	38006.528)	/ 2 )
	=	-233.859	/	38802.585
	=	-0.60 %

Betagro PCL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1121.68	/	( ( (62500.981 - 24494.453)	+	(61960.924 - 23840.875) )	/ 2 )
	=	1121.68	/	( ( 38006.528	+	38120.049 )	/ 2 )
	=	1121.68	/	38063.2885
	=	2.95 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Betagro PCL (BKK:BTG) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Betagro PCL ROCE % Related Terms

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Betagro PCL (BKK:BTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Betagro PCL (BKK:BTG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Moo 6, Vibhavadi Rangsit Road, 323 Betagro Tower (North Park), Kwaeng Thungsonghong, Ket Laksi, Bangkok, THA, 10210

Website

https://www.betagro.com

Betagro PCL is an integrated agro-industrial and food company. The company's segment includes Agro Business, Consumer Food Business; Export Business; Non-Package Meat Products Business; Co and By-Products and Other Food Business; Livestock Business; International Business; Pet Business, and others. It generates maximum revenue from the Consumer Food Business segment. Geographically, the majority of revenue is from Thailand.